Ethiopian Airlines is the preferred bidder for Nigeria Air, the
Nigerian government said Friday, as it prepares for the commencement of
operations of Nigeria’s new national carrier.
Aviation Minister Hadi Sirika said at a press briefing in Abuja that
Nigeria Air will launch with a shuttle service between Abuja and Lagos
to establish a new comfortable, reliable and affordable travel between
the two major airports and that other domestic destinations will follow
thereafter.
Ethiopian Airlines will own 49 per cent equity, the federal government
will control five per cent equity, while a consortium of three Nigerian
investors (MRS, SAHCO and the Nigerian Sovereign Fund) will have 46 per
cent.
“After a careful, detailed and ICRC governed selection process,
Ethiopian Airlines (ET) Consortium has been selected as preferred
bidder, offering an owner consortium of 3 Nigerian investors MRS, SAHCO
and the Nigerian Sovereign Fund (46%), FGN owning 5% and ET 49%,” the
statement quoted Mr Sirika as saying.
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